The Suez Canal Economic Zone (SCZONE) is making significant strides in green hydrogen investments, with $64bn secured through 12 framework agreements. The SCZONE Chairperson, Waleid Gamal El-Din, highlighted the ambitious plans during a meeting with Egyptian Prime Minister Mostafa Madbouly. These agreements are set to drive the production of 18 million tons of green hydrogen annually, showcasing a strong commitment to renewable energy initiatives. In addition to the green hydrogen projects, SCZONE is actively developing its industrial and logistical infrastructure to attract more investments. With its strategic location along the Suez Canal, which plays a crucial role in global trade, SCZONE offers a promising environment for businesses looking to capitalize on green energy opportunities and other sectors. The zone's emphasis on job creation is evident, with 100,000 direct and indirect employment opportunities expected to be generated. Various projects, including a water desalination plant, a logistics corridor, and a tank farm, are in the pipeline to further boost the area's capabilities. Moreover, SCZONE's approach extends beyond green hydrogen, with a focus on attracting investments in electric vehicles, pharmaceuticals, building materials, and textiles, diversifying its economic activities and ensuring sustainable growth. The commitment to localizing manufacturing processes and essential components for green hydrogen production demonstrates a holistic strategy to meet global demands for green fuels. Overall, SCZONE's proactive stance on green hydrogen investments and its comprehensive approach to economic development underscore its potential as a key player in the renewable energy sector and a hub for diversified industries in Egypt.